What happens if one bank closes your account but you have 10 others?
Lets say one bank closes your account due to overdraft that hasn't been paid and they report you to the credit bureau that regulates banks which means you can't open another account.
But you still have 10 other bank accounts with other banks.... do they get closed too?
- GemLv 71 decade agoBest Answer
You can be arrested for over drafting and leaving, a bank account.
Most banks don't mess around with this.
If arrested, they will get restitution and court costs, and so will the court.
Just pay it, then close it.
- Anonymous1 decade ago
If you got 10 bank accounts then just pay the overdraft amount something is fishy about this story. Is all this money Legal money ?